What Do Investment Consultants Do?

The investment consultant holds an advisory position and works with their company's clients or as a contractor for multiple organizations. Brokerage firms and investment advisory companies are typical employers for investment consultants. The investment consultant is responsible for making calls to prospective and current clients, resolving their concerns and issues, and strengthening relationships. They help clients manage their portfolios, make suggestions, figure out the client's goals, and e

Popular Employer Salaries for Investment Consultant

The top respondents for the job title Investment Consultant are from the companies Scottrade, Inc., Mercer LLC and Fidelity Investments. Reported salaries are highest at Mercer LLC where the average pay is $101,736. Other companies that offer high salaries for this role include Fisher Investments, Inc. and Buck Consultants, LLC, earning around $70,318 and $65,500, respectively. Scottrade, Inc. pays the lowest at around $49,479. Fidelity Investments and TD Ameritrade, Inc also pay on the lower end of the scale, paying $50,565 and $60,000, respectively.

What Are Popular Skills for Investment Consultants?

Skills in Investment Management, Financial Analysis, Client Interaction and Investment Planning are correlated to pay that is above average. Skills that pay less than market rate include Sales.

What is the Pay by Experience Level for Investment Consultants?

An entry-level Investment Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $48,660 based on 5 salaries. An early career Investment Consultant with 1-4 years of experience earns an average total compensation of $55,997 based on 102 salaries. A mid-career Investment Consultant with 5-9 years of experience earns an average total compensation of $77,023 based on 65 salaries. An experienced Investment Consultant with 10-19 years of experience earns an average total compensation of $102,439 based on 67 salaries. In their late career (20 years and higher), employees earn an average total compensation of $149,451.

Employees with Investment Consultant in their job title in Boston, Massachusetts earn an average of 75.5% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (43.7% more) and New York, New York (29.8% more). The lowest salaries can be found in Charlotte, North Carolina (26.9% less) and Denver, Colorado (7.3% less).